About Us & History

Our bold vision keeps us ahead of the curve

Arch About Us

A diversified firm with an eye on the future.

Time Equities, Inc. has been in the real estate investment, development and asset & property management business for more than 50 years. TEI currently holds in its own portfolio approximately 34.7 million square feet of residential, industrial, office and retail property, including about 5,000 multi-family apartment units, and 1.1 million square feet of various property types in stages of pre-development and development. With properties in 33 states, 5 Canadian provinces, Anguilla, Germany, Italy, the Netherlands, and Scotland, the TEI portfolio benefits from a diversity of property types, sizes and markets. There are concentrations in the Northeast, Southeast, Midwest and West Coast of the U.S., and new markets around the world are always being evaluated.

A brief history

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1966

Time Equities is born

Founder Francis Greenburger rents his first office space on 59th Street between Park and Lexington Avenue in New York City.

1975

The first deal of many

We syndicate our first real estate deal with friends and family.

1979

Finding our niche

At distressed prices, TEI enters the co-op and condominium conversion business in New York City.

1985

An eye on national expansion

Noting the unreasonable escalation in NYC property prices, we begin our national diversification strategy.

1997

Entering the international market

At distressed prices, we make our first international purchase in Montreal, Quebec, Canada as the Canadian recession wanes.

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2001

Gaining recognition

Time Equities Securities is established and joins FINRA/SIPC.

2003

Hello, Europe

TEI finds opportunity in Germany as post German-reunification uncertainty lingers.

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2008

50 West is born

Ground breaks at our 64-story luxury tower, 50 West Street in New York City, to much critical acclaim. The NYC skyline will never be the same.

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2014

A new year, a new market

We begin to target retail properties at distressed prices as disruption occurs in the retail sector.

2015

Acquainted with Dutch culture

We enter The Netherlands at distressed prices as Europe begins to recover from the Global Financial Crisis.

2018

Hello, Italy!

We enter Italy with the purchase of a non-performing loan portfolio. We plan on staying awhile - not just because of the food and wine.

2019

1000M makes its mark

Ground breaks at our 72-story luxury residential tower at 1000 S. Michigan Ave. in Chicago. It's a source of pride and a sneak peak at the future of our real estate strategy for years to come.

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Our Company Values

The real estate business is one of the largest businesses in the world. Many countries’ economies are driven by the growth of their real estate industry. It generates millions of jobs and impacts just about everyone that is alive. Every day that we do our jobs, we help to create a better social and economic environment for our tenants, vendors, lenders, advisers and investors.

Provide integrity, excellence, and honesty in real estate

In all of our transactions, Time Equities conducts business with fairness, respect, dignity, honesty and compassion. We consistently strive to deliver on this commitment to all of our stakeholders: our tenants, clients, lenders, investors, partners, vendors and staff. Everyone doing business with Time Equities should be able to take for granted that they will be dealt with honestly, promptly and with fairness.

Focus on limiting risk and cultivating strong opportunities

By identifying locations with good market fundamentals and targeting under-valued properties in those areas, we seek to achieve above-average returns for our investors.

Offering diversity in property type, size, and market

Unlike some specialized investors, we are experienced and comfortable with virtually all property types and sizes. We can acquire property subject to existing financing.

Empower your entire team to create positive community change

We attempt to provide society with a useful product through superior management and capital improvements to our properties and to provide a benefit (make a profit and feel a sense of purpose and accomplishment) for ourselves and our investors. As important as the profit motive is, it is not our only concern.

Philanthropy & the Arts

Time Equities Inc. is committed to giving back, and does so through an extensive program of charitable giving, which includes ongoing donations to over 250 not-for-profit organizations through The Francis J. Greenburger Foundation and the Francis Greenburger Charitable Fund at the Jewish Communal Fund. Time Equities’ philanthropy supports organizations focused on education, art, social and criminal justice, the environment and community organizations.